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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Summary of Lease Expense

The elements of lease expense were as follows:

 

 

 

Three Months Ended March 31,

 

(in thousands except weighted-average amounts)

 

2021

 

 

2020

 

Operating lease cost

 

$

747

 

 

$

 

Short-term lease cost

 

 

52

 

 

 

153

 

Variable lease cost

 

 

122

 

 

 

48

 

Total lease cost

 

$

921

 

 

$

201

 

Other Information

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

 

 

 

 

 

 

Operating cash flows for operating leases

 

$

442

 

 

$

 

Weighted-average remaining lease term (years)

 

 

9.33

 

 

 

 

Weighted-average discount rate

 

 

9.36

%

 

 

 

Summary of Right-of-Use Assets and Lease Liabilities

Right-of-use lease assets and lease liabilities are reported in the Company’s consolidated balance sheets as follows:

 

(in thousands)

 

March 31, 2021

 

 

December 31, 2020

 

Assets

 

 

 

 

 

 

 

 

Operating right-of-use assets

 

$

16,796

 

 

$

17,117

 

Liabilities

 

 

 

 

 

 

 

 

Operating lease liabilities, current

 

$

1,155

 

 

$

863

 

Operating lease liabilities, non-current

 

$

17,121

 

 

$

17,430

 

Total lease liabilities

 

$

18,276

 

 

$

18,293